AerCap announces increase and amendment to $1.1bn revolving debt facility
May 17, 2013
AerCap Holdings N.V. has completed an amendment and upsize of its revolving warehouse facility. The non-recourse facility, which was originally put in place in 2006, has been amended…
TransDigm to acquire Arkwin Industries
May 15, 2013
TransDigm Group (TDG) has entered into a definitive agreement to acquire Arkwin Industries, Inc., for approximately $286m in cash. The acquisition, subject to regulatory approvals and other customary…
SIA Engineering Group posts profit of $270.1m for full year 2012-13
May 15, 2013
SIAEC Group posted a profit attributable to owners of the parent of $270.1m for the financial year ended 31 March 2013, an increase of $1.0m on or 0.4%…
AeroCentury reports first quarter net income of $4.1m
May 15, 2013
AeroCentury, an independent aircraft leasing company, released its operating results for the first quarter ended March 31, 2013. The Company reported net income of $4.1m for the first…
EADS reports improved first quarter results 2013
May 14, 2013
EADS achieved a solid start to 2013, with first quarter revenues and profitability driven by commercial aircraft deliveries. Order intake rose sharply to €49.9bn while the order book…
DVB posts 1st quarter results
May 14, 2013
DVB posted consolidated net income before IAS 39 and taxes of €44.7m for the first quarter of 2013, up 20.5% year-on-year (Q1 2012: €37.1m). Total income (comprising net…
Virgin America reports fourth quarter 2012 and first quarter 2013 financial results
May 13, 2013
Virgin America achieved its first-ever fourth quarter operating profit with $5.1m of operating income, an improvement of $13.2m, compared with the fourth quarter of 2011. The airline recorded…
Air Transport Services Group’s first-quarter net income up 28%
May 10, 2013
Air Transport Services Group, a leading provider of aircraft leasing and air cargo transportation and related services, reported consolidated financial results for the quarter ended March 31, 2013.…
Air Lease Corporation announces first quarter 2013 results
May 10, 2013
Air Lease Corporation reported another consecutive quarter of fleet, revenue, profitability and financing growth. Diluted EPS increased by 46% to $0.38 per share for the three months ended…
Bombardier reports first quarter revenues of $4.3bn
May 9, 2013
Bombardier reported its financial results for the first quarter ended March 31, 2013. Revenues totalled $4.3bn for the first quarter ended March 31, 2013, compared to $3.5bn for…
HEICO signs definitiv agreement to acquire Reinhold Industries
May 8, 2013
HEICO Corporation has entered into a definitive agreement to acquire Reinhold Industries from certain affiliates of The Jordan Company, L.P., a New York-based investment firm, and Reinhold management.…
WestJet reports first quarter net earnings of $91.1m
May 7, 2013
WestJet announced its first quarter results for 2013. The airline reported record net earnings of $91.1m, up from the net earnings of $68.3 million reported in the first…
BOC Aviation re-opens and increases existing 10-year Senior Unsecured Notes due 2023
May 7, 2013
BOC Aviationn successfully priced a US$150m re-opening of the existing US$350m 4.375% Senior Unsecured Notes due May 2023 (the “Notes”), to tap into unfilled investor demand. The re-opened…
Willis Lease Finance earns $1.6m in first quarter of 2013
May 6, 2013
Willis Lease Finance Corporation (WLFC), reported earnings of $1.6m in the first quarter ended March 31, 2013, compared to $2.5m in the like quarter a year ago, with…
SAS sells Widerøe to an investor group led by Torghatten
May 6, 2013
The sale of Widerøe represents an important step in the improvement of SAS’ financial position with a significant reduction of SAS’ financial leverage. SAS and Widerøe will have…
Air Canada reports first quarter net loss of $143m
May 6, 2013
Air Canada reported an adjusted net loss of $143m compared to an adjusted net loss of $162m in the first quarter of 2012. On a GAAP basis, Air…
Erickson Air-Crane announces new $100m revolving credit facility
May 3, 2013
Erickson Air-Crane, a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift…
Spirit AeroSystems Holdings first quarter revenues up 14%
May 2, 2013
Spirit AeroSystems Holdings reported first quarter 2013 financial results reflecting continued strong demand for large commercial aircraft and strong core program operating performance. Spirit’s first quarter 2013 revenues…
Aircastle announces first quarter 2013 results
May 2, 2013
Aircastle reported first quarter 2013 total revenues of $176.2m, an increase of $11.3m, or 7% versus the previous year. The increase reflects $8.2m of higher lease rental and…
Rolls-Royce acquires Hyper-Therm HTC
May 2, 2013
Rolls-Royce has acquired Hyper-Therm High Temperature Composites (Hyper-Therm HTC, Inc), a producer of state-of-the-art composite materials, including ceramic matrix composites (CMCs), engineered coatings and thermal-structural components. Hyper-Therm HTC…
